I’m also one of those people, but in practice what happens is that Stewards just sell ENS the moment they get them. In fact here I explain that there is no point in holding ENS tokens from financial analysis perspective, I didn’t have time to do everyone but Stewards did sell the moment they recieved them (mostly).
In theory these kind of instruments should incentivise management to improve the protocol, right now in practice it’s just money.
Typically you don’t just hand out bonuses - you tie them to KPIs. Let’s assign some KPI to every Steward and hand out bonuses only provided they reached KPI.
If they didn’t reach KPI, then they made no impact, and they don’t deserve to have a say in the future of protocol.